Philip Morris announces new regional structure to support smoke-free growth Philip Morris International Inc. $ 98.25 Symbol Price Change %Change PM $98.25 0.14 0.14 Philip Morris is reorganizing its regional structure to support growth of its smoke-free business. The owner of cigarette brands including Marlboro, L&M and Chesterfield is reducing […]
Business Market
Entrepreneurs host Black-owned business market in St. John’s
Nicole Obiodiaka, organizer of the Black-owned business market, says the goal is to eliminate barriers faced by Black entrepreneurs. (Heather Gillis/CBC) Members of the Black business community in Newfoundland are highlighting diversity in the marketplace, hosting the annual Black-owned business market in St. John’s on Thursday afternoon. The market was […]
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European markets log third session of gains European markets closed higher for a third straight session, with the Stoxx 600 index gaining 0.5% on Thursday. The FTSE 100 was flat while France’s CAC 40 climbed 0.4% and Germany’s DAX added 0.8%. By sector, gains were led by the chemicals sector, […]
Dow Jones Rises After FedTalk; AMC Pops On Amazon’s Big Movie Plans; New York’s Bitcoin Ban| Investor’s Business Daily
The Dow Jones Industrial Average rose after the Fed minutes showed that smaller hikes are in tap as the committee sees “sufficiently restrictive policy”. The blue chip index closed higher by 0.3% after the news. X The S&P 500 also gained, adding 0.6% after reclaiming the 4,000 level on Tuesday. […]
US Stocks Rise, Strong Earnings Send Retailers Higher
By DAMIAN J. TROISE and ALEX VEIGA, AP Business Writers Stocks on Wall Street closed broadly higher Tuesday, as solid company earnings helped lift several retailers ahead of the Thanksgiving holiday in the U.S. The S&P 500 rose 1.4%, more than making up for its losses last week. The Dow […]
London’s rental market has become a ‘nightmare.’ Here’s why
London CNN Business — For Rebeca Blázquez, the past few weeks have been a “nightmare.” Based in Madrid but hoping to find work in London before starting her master’s degree, the 22-year-old university graduate spent a month searching online for a room to rent in London on a £900 budget […]
STOCK MARKET NEWS: FTX crisis, Fed speak impacts stocks, Elizabeth Holmes sentencing
Breaking News Elizabeth Holmes sentenced to 135 months in prison for Theranos fraud A California judge sentenced Theranos founder Elizabeth Holmes to 135 months in prison for defrauding investors in her now-defunct blood testing startup that was once valued at $9 billion. U.S. District Judge Edward Davila in San Jose, […]
Dow Jones Futures Rise After Market Rally Rebounds From Key Levels; 5 Earnings Winners
Dow Jones futures rose early Friday, along with S&P 500 futures and Nasdaq futures. The stock market rally fell Thursday morning on hawkish Fed statements, extending Wednesday’s losses. But the major indexes rebounded from some key levels to close slightly lower. X Treasury yields rebounded while crude oil prices tumbled. […]
Nvidia’s results suggest its gaming business is close to a bottom, analysts say
The latest results from Nvidia suggest a gaming bottom is in sight for the battered semiconductor stock, according to analysts. The chipmaker on Wednesday posted a mixed quarter, with earnings falling slightly below analysts’ expectations . Revenue fell 17% year over year. Nvidia’s gaming division reported a 51% decline in […]
Latest Stock Market News Today: Target in trouble, FTX fallout expands, retail sales surprise. | November 16, 2022
The collapse of cryptocurrency exchange FTX amid reports that at least $1 billion in client funds disappeared, impacting potentially around a million customers, has prompted comparisons to some of the most notorious financial scandals in recent decades, yet the magnitude of customers impacted is much larger. Target highlights shoplifting and […]
Latest stock market news: Stocks dip ahead of retail earnings, inflation data, FTX crypto chaos, Amazon to cut 10,000 jobs
Symbol Price Change %Change I:DJI $33,747.86 32.49 0.10 SP500 $3,992.93 36.56 0.92 I:COMP $11,323.33 209.18 1.88 U.S. stocks were trading lower early Monday morning as investors weigh the results of the November 8 U.S. midterm elections. On Wall Street, S&P futures were off 0.2%. The Dow Jones Industrial Average was […]
Wall Street Drifts, as Stocks Hold Onto Last Week’s Huge Run
By DAMIAN J. TROISE and STAN CHOE, AP Business Writers NEW YORK (AP) — Wall Street is making modest moves in mixed trading Monday, as stocks hold on to most of the huge gains made last week on hopes the worst of the nation’s inflation may finally have passed. The […]